Collins Philip 2nd Add Homes with Bungalow Architectural style

Welcome to Collins Philip 2nd Add, a charming subdivision nestled in the heart of Tampa, Florida. This delightful community offers a unique blend of tranquility and urban convenience, making it an ideal place for families, young professionals, and retirees alike. With its prime location in Hillsborough County, residents enjoy easy access to the vibrant culture, dining, and entertainment options that Tampa has to offer.

One of the standout features of Collins Philip 2nd Add is its enchanting homes, many of which showcase the beloved Bungalow architectural style. Characterized by their cozy, inviting layouts, Bungalows often feature low-pitched roofs, wide front porches, and beautifully crafted woodwork, creating an atmosphere of warmth and charm. These homes are perfect for those who appreciate a touch of historic character combined with modern amenities.

Living in Collins Philip 2nd Add means enjoying a strong sense of community. Neighbors often gather in local parks or at community events, fostering a welcoming environment that makes it easy to forge lasting friendships. The lush green spaces surrounding the subdivision provide ample opportunities for outdoor activities, whether it's a leisurely stroll, a picnic with family, or a fun day at the playground.

With its rich architectural heritage and vibrant community spirit, Collins Philip 2nd Add is more than just a place to live—it's a place to call home. If you’re searching for a unique property that captures the essence of Tampa living, look no further than this delightful subdivision. Embrace the charm of Bungalow-style homes and the warmth of a close-knit community at Collins Philip 2nd Add!

$399,000

2 Beds ⋅ 1 Baths ⋅ Collins Philip 2nd Add SubDv. ⋅ 33607 Zip Code

One or more photo(s) has been virtually staged. North Hyde Park gem — collect income today while planning your future development opportunity. Situated on a prime 50x95 lot with convenient alley access in the heart of North Hyde Park, this property offers a rare combination of immediate cash flow and long-term upside. The property was rezoned from IG (Industrial General) to RM-24 (Residential Multi-Family), with rezoning approved by the City of Tampa in December 2025, creating future residential development potential subject to permitting and approval requirements. For illustrative purposes, the seller has partnered with Domain Homes to showcase a potential duplex concept: the “Sandhill” floor plan, featuring two units, each with 4 bedrooms, 4 bathrooms, and approximately 1,993 square feet. Floor plans and renderings are included in the listing photos. The current starting base price for the Sandhill model is approximately $619,800, exclusive of full site-specific development costs. Buyers interested in this concept should contact Domain Homes directly for a complete property evaluation and project estimate. Comparable new-construction townhome product from the builder is currently being marketed in the mid-$700s per side. Based on current builder pricing and comparable product positioning, a completed two-unit duplex project could represent approximately $1.5M in potential total market value. Buyers are not required to use Domain Homes and may explore alternative builders, floor plans, and development concepts subject to their own due diligence and approvals. Adding to the appeal, a charming 2-bedroom, 1-bathroom home of approximately 841 square feet currently sits on the property and is occupied by a reliable tenant paying $1,300 per month who is willing to remain in place while future development plans are pursued — providing immediate income from day one. The existing home has been updated with a brand-new HVAC system, a new water heater, fresh interior paint, and new carpeting throughout. Inside, the spacious living room showcases striking, angled high ceilings that create an open, airy feel. Outside, enjoy a large fully fenced backyard with white vinyl fencing and no rear neighbors thanks to the I-275 buffer behind the property. Location is everything, and this property delivers. Just minutes from Armature Works, the Tampa Riverwalk, Curtis Hixon Park, Julian B. Lane Riverfront Park, downtown Tampa dining, nightlife, and entertainment. Zoned for the highly sought-after Plant High School district. Whether you are an investor seeking a cash-flowing hold with future upside or a builder looking for your next North Hyde Park project, 1541 W La Salle presents a compelling opportunity in one of Tampa’s most rapidly evolving areas. Buyer to independently verify zoning, development potential, permitting requirements, construction costs, dimensions, and future resale values. Domain photos for a house that could be built on this lot, photos provided by Domain Homes

1541 W La Salle Street, Tampa

Collins Philip 2nd Add Homes with Bungalow Architectural style

Newest Collins Philip 2nd Add Homes with Bungalow Architectural style